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Jinia Shawdagor
5 minutes ago


PLAY-TO-EARN GAMES ARE USHERING IN THE NEXT GENERATION OF PLATFORMS

Blockchain-based games that allow players to earn cryptocurrencies as they play
are paving the way for a new era in gaming.

20 Total views
Listen to article
8:28

Analysis
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The online gaming industry has been on the rise for the past few years and for a
good reason. From a global pandemic pushing an online revolution to the
ever-increasing mobile and internet penetration, more people are spending more
time online. 

It is no wonder the industry is big money, raking in over $20 billion in revenue
for 2020 alone. With an estimated 1 billion online gamers currently active
worldwide, experts forecast growth in numbers reaching a whopping 1.3 billion
active gamers by 2025.

The numbers speak for themselves. Gamers are so enthusiastic about their
favorite games, that some spend hundreds of dollars just to get an upgrade on
their avatar or access a coveted in-game item that will give them a leg up.

Blockchain-based play-to-earn (P2E) games are set to literally change the rules
of the game by offering an equal playing field for everyone involved, giving
players ownership as well as a source of income and making the time they spend
playing worthwhile.

Here is a look at some of the top play-to-earn games that are taking the gaming
industry by storm.


AXIE INFINITY

Axie Infinity is leading the way for play-to-earn games thanks to its growing
popularity that has seen a million gamers come onboard to play the game daily.
The astronomical success that Axie Infinity enjoys is mostly driven by the fact
that players can earn real money while playing.

Axie Infinity is an Ethereum-based game with a player vs environment (PvE) mode
as well as a player vs player (PvP) mode. In PvE mode, the player competes
against a built-in environment or monsters in the game. A PvP mode is one where
the player gets to compete with other players in a metaverse-type scenario.

Players have to acquire “Axies” that come in the form of monsters designed for
battle with hordes of other small round monsters.



The game can be played either on desktop or mobile devices and its play-to-earn
model is such that each monster and every other piece of gear used in the game
comes in the form of a nonfungible token (NFT).

The victors of the skirmishes go home with the spoils of the battle in the form
of cryptocurrencies called Smooth Love Potions (SLPs). The goal for players is
to build a collection of the most valuable and powerful Axies as value is
determined by Ether's (ETH) price.

Players can make money in the form of SLP tokens that can be traded for fiat
currencies or sell their Axies once the value of those Axies appreciates due to
won battles.

In November 2020, an Axie was sold for 300 ETH worth over $1.2 million in a wave
of excitement that especially captivated gamers in Vietnam and the Philippines
who took to the game as a means of generating income amid a global pandemic.


GODS UNCHAINED

Gods Unchained is a free-to-play card battling game where players get to buy and
sell cards that range in rarity and value to defeat their enemies in the game.

A close copy of Blizzard’s immensely popular “Hearthstone: Heroes of Warcraft,“
Gods Unchained offers a crypto edge to the game thus giving players of
Blizzard’s game a familiar introduction to crypto and blockchain technology.



Granted, God’s Unchained gameplay by itself isn’t based on blockchain, however,
the cards are built on the Ethereum blockchain, thus enabling true ownership
where players can trade the cards they own on secondary marketplaces.

This turn-based card battling game became quite popular in 2019 with its player
base almost tripling shortly after Blizzard’s infamous Hong Kong fallout. At its
peak, one of the in-game cards sold for 137.8 Ether which is currently worth
more than half a million U.S. dollars.

To date, Gods Unchained continues to grow with the recent launch of an expansion
set called Trial of the Gods.


PLANT VS UNDEAD

Plant vs Undead is a free-to-play tower defense game that takes place in a
post-apocalyptic world overrun by zombie attackers. Players have to
strategically arrange the plants to prepare for an attack from an invading
colony of zombies. The play-to-earn model of Plant vs Undead aims to capitalize
on this aspect, which has considerable replay value.

Just like Axie Infinity’s growing popularity in the Philippines and Vietnam,
Plant vs Undead has gained a lot of traction in Brazil and other places where
such P2E games stand to make a significant difference in people’s income.



Players can acquire seeds to begin playing, which may be purchased on the
platform’s marketplace with PVU tokens (the game’s native token).

Another aspect that is driving attention to this PvP game is the fact that
gamers can earn and collect NFTs. Already, NFTs have catalyzed a revolution in
the video game industry by giving players complete control over in-game assets.
With Plant vs Undead, all the in-game assets can be sold or traded on the
platform’s native marketplace.


ALONG WITH THE GODS

Built on the Polygon blockchain, Along With The Gods is a role-playing P2E game
that rewards players in NFTs and cryptocurrencies. The game revolves around
powerful action heroes of five classes.

Each hero comes with distinct traits, skills and special capabilities that are
to be used in battles. Players are expected to create teams of heroes of their
choice as well as strengthen those heroes while using different strategies to
win battles.



All in-game items are built as NFTs on Polygon’s blockchain thus allowing for
better transaction finality and at cheaper transaction costs.


FARMERS WORLD

Farming games have grown increasingly popular in recent years thanks to their
simple gameplay strategies where all that is required is for you to plant,
harvest and upgrade crops or simply enjoy building barns.

Farmers World is a P2E game that lets players select from a variety of tools to
upgrade crops and harvest them. In addition, while farmers wait for their
harvesting period, they may launch an assault on other farmers.



Farmers can mine or mint GOLD (a native token in the game) and NFT-based in-game
items within the game by simply participating in the activities built into the
game.

Farmers also get to protect their farms from invading wild animals and monsters.
From the GOLD tokens mined, farmers can create their own NFT based farming tools
to further build their farms and cultivate crops.

The game has a membership aspect where users have to purchase membership packs
ranging from a price tag in the range of $322 to $514. Membership enables
players to play and earn NFTs among other in-game tokens.


THE NEXT STEP IN THE GAMING INDUSTRY

P2E blockchain-based games are the way of the future. These games offer players
increased control of the in-game assets they tirelessly work for, as well as the
opportunity to make a living earning cryptocurrency and NFTs while playing.

Related: NFT gaming proposition in question as regulators and traditional gaming
pullback

As more companies in the gaming industry adopt blockchain technology, we will
see the development of these games increase exponentially as well.

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 * #Blockchain
 * #Cryptocurrencies
 * #Technology
 * #Games
 * #Tokens
 * #DeFi
 * #NFT


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